305 S Hill AveOgilvieMN56358
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Ogilvie at 305 S Hill Ave, Ogilvie, MN, 56358 priced at $275,000 converts $1,771/mo rent into $54/mo cash flow after a $1,346/mo obligation. Total monthly income equals $1,771/mo, and annual cash flow totals $645/yr on $91,163 invested. Return on cash invested prints 20.62% in year one, and rental yield reads 7.73% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 106.71% and total cumulative return in cash sums $97,283. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,771/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56358, Ogilvie, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,416 (100%) |
| Owner Occupied HU | 1,095 (77.3%) |
| Renter Occupied HU | 185 (13.1%) |
| Vacant Housing Units | 136 ( 9.6%) |
| Median Home Value | $289,043 |
| Average Home Value | $317,578 |
Housing Distribution
Address Breakdown
Residential
1,321
Single Family
1,306
Multi-Family
15
Businesses
35
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